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The market has revealed its preferences, showing strong interest in leading Real World Asset (RWA) tokens $TOKEN and $ONDO. Despite a general market decline today, both tokens have maintained stable trading charts, indicating robust support from institutional investors and crypto enthusiasts. $ONDO, in particular, demonstrated notable resilience, rising by 2% despite challenging market conditions. Earlier … Read more
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the … Read more
According to Crypto Rank data, several tokens with significant unlock amounts are set to be released this week, potentially impacting their market dynamics. June 24: Worldcoin (WLD) – Unlock Equivalent: $8.79 million – Tokens to be Unlocked: 3.20 million Worldcoin kicks off the week with the unlocking of 3.20 million tokens, valued at $8.79 million. … Read more
According to HC Capital, a prominent crypto research platform, all newly listed tokens on Binance in 2024 have experienced significant declines from their all-time highs (ATH). These tokens span diverse sectors, including GameFi, AI, Layer 2, and Layer 3 technologies. The widespread downturn is attributed to several key factors: 1. Market Volatility: Initial hype and … Read more
According to security firm SlowMist, phishing activities are becoming increasingly prevalent within the TON ecosystem. The decentralized nature of the Telegram ecosystem has inadvertently fostered an environment where phishing links and deceptive bots proliferate in message groups and airdrops, targeting users’ TON wallets on a large scale. These malicious schemes aim to steal not only … Read more
A trader fell victim to a phishing attack over the past trading weekend, losing a staggering $11.1 million after inadvertently signing fraudulent transactions. The scam resulted in the theft of 3,657 MKR tokens, valued at $8.7 million, and 2.56 million PT Ethena tokens worth $2.4 million. Someone lost $11.1M in a phishing attack 5 hrs … Read more
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth … Read more
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet lead dev declares that bitcoin developers “have failed” El Salvador. … Read more
With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide array of potential candidates, with this weekend showing a mystery candidate and Republican Senator J.D. Vance of Ohio as the frontrunners. … Read more